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    mad1
    New Member

    Where do I report $40,000. Interest income earned on a loan? There is no T-slip.

     
    posted
    ‎October 30, 2019 2:26 PM
    last updated ‎October 30, 2019 2:26 PM
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    Accepted Solutions
    TurboTaxKim
    Level 15

    Where do I report $40,000. Interest income earned on a loan? There is no T-slip.

    Enter your Interest on a Loan in TurboTax Online by going to: Income > Investments >  Interest on Bank Accounts Not Reported on a Slip. On the Interest and Other Investment Income - Summary page, make your entry as shown in the screenshot.

    View solution in original post

    ‎October 30, 2019 2:26 PM
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    925
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    1 Reply
    TurboTaxKim
    Level 15

    Where do I report $40,000. Interest income earned on a loan? There is no T-slip.

    Enter your Interest on a Loan in TurboTax Online by going to: Income > Investments >  Interest on Bank Accounts Not Reported on a Slip. On the Interest and Other Investment Income - Summary page, make your entry as shown in the screenshot.

    ‎October 30, 2019 2:26 PM
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    926
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